Qualification of an auditor

Stat Audit 418 views 2 replies

Can HUF become an statuory auditor of company if Karta and all co-parceners are CA with COP?

Replies (2)

Dear Rajan,

In Chartered Accountants Act, 1949 as amended by C.A. (Amend.) Act, 2006, a person can practice either as Individual - either as sole practitioner or sole proprietor,
or
as in Partnership Firm - as a Partner.

No other way of doing Practice is open to a C.A.

Thus, HUF can't be an auditor in a company, though the Members/Karta etc. can audit individually.

 

Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com

Thanks bro...

 


CCI Pro

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